智通财经网·2025-08-20 11:17Core Viewpoint - Shanghai Petrochemical (600688.SH) reported a decline in revenue and a net loss for the first half of 2025, indicating challenges in its operational performance [1] Financial Performance - The company's operating revenue for the first half of 2025 was 39.523 billion yuan, a year-on-year decrease of 9.21% [1] - The net loss attributable to shareholders was 462 million yuan, with a net loss of 439 million yuan after excluding non-recurring items [1] - Basic loss per share was 0.044 yuan [1] Production and Sales - Total production of main products was 5.5768 million tons, a decrease of 4.35% compared to the same period last year [1] - Crude oil processed amounted to 6.3249 million tons (including 556,400 tons of processing), down 4.93% year-on-year [1] - Finished oil production was 3.9929 million tons (including 449,900 tons of processing), a year-on-year decrease of 6.81% [1] - Gasoline production was 1.6681 million tons, a slight increase of 0.14% year-on-year; diesel production was 1.1987 million tons, down 13.56%; aviation kerosene production was 1.1261 million tons, down 8.62% [1] - Ethylene production increased by 24.34% to 273,300 tons; paraxylene production increased by 1.20% to 352,900 tons; production of plastic resins and copolymers decreased by 3.21% to 457,700 tons [1] - Synthetic fiber production was 14,500 tons, reflecting a growth of 5.07% [1] Operational Efficiency - The product sales rate for the first half of the year was 99.94%, with a cash collection rate (excluding related parties) of 100% [1]